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NO

8 February 2010

Eni Norge awards Goliat FPSO

PRESS RELEASE: On behalf of the Goliat license (PL229/PL229B), Eni Norge AS and partner Statoil Petroleum AS, have selected Hyundai Heavy Industries Co., Ltd. (HHI) for the provision of the Floating Production Storage and Offloading (FPSO) Unit for Goliat.

Based on thorough evaluation of both technical and commercial criteria, the most competitive bid was selected. The contract was awarded on the basis of a competitive tender process in accordance with national and EU legislation and procurement procedures. The estimated contract value is NOK 6,9 billion.